Here is a look at what physician execs made last year!
Medical Director - $216,000
Chief Executive Officer - $240,000
Vice President of Medical Affairs - $243,000
President of Medical Staff - $235,000
Program director - $220,000
Chief Medical information officer - $220,000
CEO/President - $301,000
Chief Medical Officer - $265,000
(salaries are rounded)
The average physician exec makes $240,000 according to a 2006 Cejka search compensation survey. Not too shabby! However, these professionals earn their keep. Often, the hours are long and stressful! Many sacrifices are made including free time with the family. I am considering becoming a physician exec after practicing medicine for a few years. I think the combination of business and medicine can lead to a rewarding as well as lucrative career!